Posted on 06/19/2015 2:52:27 PM PDT by VA Voter
You haven't been blaming NAFTA for job losses?
You can find studies that show NAFTA was a washout as far as jobs are concerned, about as many jobs were lost as gained.
Hmmm....
The Real Output graft you cite encompasses things like increased output efficiency,
The opposite of de-industrialization.
What about the Atkinson quote. That is what I have been trying to get across. He is describing de-industrialization. For all I know, we can still have an economy, but the middle class that makes it all worth while will be gone; nothing left but he few rich and a lot of poor, like all the other third world countries - Obama’s and the Republicans’ goal now.
from Dr. Bonnie Snyder, 7/16/12 -—
The latest jobs report is in, and the employment picture is still bleak, especially for those just emerging from college. More than two million college graduates are now unemployed and millions more are underemployed. According to a recent Wall Street Journal column, young graduates face the bleakest odds among all jobseekers, as their real unemployment rates hover near 17 percent.
As I explain in The Unemployed College Graduate’s Survival Guide, young adults are unemployed at nearly double the rate of older Americans, and their incomes have declined much faster than the national average. A recent government report on “Unemployment Among Young Workers” shows the highest rate of unemployment ever recorded for this age group while the U.S. Bureau of Labor Statistics indicates that the jobless rate for younger workers with a college degree has more than doubled since the financial crisis began.
Graduates under the age of 25 are having particular difficulty finding steady, high quality work. About half of the workers in this age group are currently “underutilized,” meaning they’re either unemployed, or working part-time, below their capabilities, outside of the college labor market, such as in restaurant or retail work.
The dismal jobs report did provide one hopeful employment clue, however: temporary labor. According to the report, one third of the new jobs that managed to be added to the economy are considered “temp work.” This is an option all unemployed college graduates should be pursuing, and the obvious place to start is with your local temporary agencies.
End of excerpt. Things have gotten worse. The new American dream - temporary work. Why isn’t NAFTA, GATT, riding to the rescue? But I suppose we can trust Obama to help us out with TPA/TPP.
and by the way, in case you missed it:
“We’re in active discussion on TPA,” said McConnell, adding, “It’s an enormous grant of power, obviously, from a Republican Congress to a Democratic president, but that’s how much we believe in trade as an important part of America’s economy.”
Huffingtonpost.com 1/07/2015
What about it?
He is describing de-industrialization.
We manufacture more than ever. That's not what he is describing.
I don’t believe it.
We do not produce more than we did before.
Prove your claim.
OK define that.
Because when I go into any store anymore, all I see (anywhere) is “Made in China”.
Everything is “Made in China”.
What exactly are we manufacturing anymore?
Not directly challenging that claim, but what is in that graph please?
Define what?
Because when I go into any store anymore, all I see (anywhere) is “Made in China”.
I know that, as a liberal, you believe you are the center of the universe, but that ends up not being the case.
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